Form 4: Intapp President Sells Over 14,000 Shares Under Pre-Arranged Trading Plan

David Benjamin Harrison, President of Industries at Intapp, Inc., executed the sale of 14,275 shares of common stock on May 23, 2025, through a Rule 10b5-1 trading plan.

Summary

• David Benjamin Harrison, President of Industries at Intapp, Inc. (INTA), reported the sale of common stock.
• The transactions occurred on May 23, 2025, pursuant to a Rule 10b5-1 plan established on September 13, 2024.
• A total of 6,018 shares were sold at a weighted average price of $54.7466 per share, with prices ranging from $54.41 to $54.99.
• An additional 8,257 shares were sold at a weighted average price of $55.2106 per share, with prices ranging from $55.00 to $55.59.
• Following these transactions, David Benjamin Harrison beneficially owns 0 shares of Intapp, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider selling shares, the transaction was pre-planned under a 10b5-1 plan, which mitigates the perception of it being based on negative undisclosed information. It's a routine disclosure of an executive managing their personal equity.

Positives

• The sales were executed under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled transaction rather than a reaction to new, undisclosed information.

Negatives

• Insider selling, even under a 10b5-1 plan, reduces the direct equity stake of a key executive in the company.

Future Outlook

This Form 4 filing reports past transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's pre-planned equity management.

Stakeholder Impact

• Shareholders: The sale by a key executive, even if pre-planned, slightly reduces management's direct alignment with shareholder interests through equity ownership. However, the pre-planned nature lessens any negative signal.

Next Steps

• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the reported ranges upon request from Intapp, Inc., any security holder, or the SEC staff.

Key Dates

Keywords

Intapp, INTA, Form 4, insider trading, stock sale, 10b5-1 plan, beneficial ownership, David Benjamin Harrison, officer, President Industries